Elcoteq - Company Announcement

ELCOTEQ CONCLUDES PERSONNEL NEGOTIATIONS CONCERNING LOHJA PLANT AND NPI ORGANIZATION

Elcoteq SE	Stock Exchange Release	April 4, 2007 at 2.00 pm (EET)


ELCOTEQ CONCLUDES PERSONNEL NEGOTIATIONS CONCERNING LOHJA PLANT AND NPI
ORGANIZATION 

The personnel negotiations concerning Elcoteq SE's Lohja manufacturing plant
and the NPI (New Product Introduction) organization have been concluded. As a
result of the negotiations the company has decided, on financial and production
grounds, to make 242 employees in these units redundant and to close the Lohja
plant by the end of August this year. Altogether 215 of the redundancies will
be made in the Lohja plant and 27 in the NPI organization. 

The objective of these measures is to improve the Group's long-term
profitability and competitiveness. The personnel negotiations in Finland are
part of an action plan that applies to the entire Group under which operations
will be streamlined especially in Europe and the Americas. 


ELCOTEQ SE

Jouni Hartikainen
President and CEO

Further information:
Mr Jukka Jäämaa, COO, tel. +358 50 526 7665 between 2.00 and 3.30 pm (EET).
Ms Reeta Kaukiainen, Director, Communications and Investor Relations,
tel. +358 10 413 1742 or +358 50 522 0924


About Elcoteq
Elcoteq SE is a leading electronics manufacturing services (EMS) company with
original design manufacturing (ODM) capabilities in the communications
technology field.  Elcoteq provides global end-to-end solutions consisting of
design, NPI, manufacturing, supply chain management, and after-sales services
for the whole lifecycle of its customers' products.  These products include
terminal products such as mobile phones and set-top boxes as well as
communications network equipment such as base-stations, tower-top amplifiers,
and microwave systems. The company operates in 16 countries on four continents
and employs about 23,000 people. Elcoteq's consolidated net sales for 2006
totaled 4.3 billion euros (over 5 billion USD). Elcoteq SE is listed on the
Helsinki Stock Exchange. For more information, please visit www.elcoteq.com